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New5 days ago

434 Ritas Avenue

Summerhill Estates, Newmarket

$1,180,000

Detached|2-Storey
4 | 3 | 3
About this home

Welcome to 434 Rita's Ave., a beautifully upgraded detached home in Newmarket's sought-after Summerhill Estates that blends builder craftsmanship with thoughtful personal touches. Built by New Era Homes as The Kent, Elevation B, this freehold home offers 1,960 sq. ft. with 4 bedrooms, 3 baths, and a single-car garage, welcoming you home via a fully stone-paved interlocking driveway. The main floor shines with smooth ceilings and pot lights that create a crisp, modern glow throughout, while the open-concept kitchen shines with a large island, upgraded tile, under-cabinet lighting, extra-thick quartz counters, a high-end induction stove, and a high-CFM range hood. Main-floor laundry adds everyday ease. Upstairs, Hardwood flooring runs throughout, complemented by a primary ensuite that offers a sleek glass shower, while the unfinished basement is a blank canvas for your vision with two upgraded windows for extra natural light and rough-in for a 3-piece washroom. Modern conveniences include keyless PIN code entry, a new high-efficiency furnace and blower, full-home humidifier, and a NEMA 14-50, 50-amp EV outlet in the garage means EV owners can simply plug in and go. Out back, a spacious 16'x20' composite deck offers low-maintenance outdoor living perfect for summer evenings and hosting. This home sits in one of York Region's most desirable communities that balances suburban privacy while you'll enjoy Newmarket's excellent schools, trails, parks, and vibrant Main Street, with easy access to Yonge Street and GTA commuter routes. Thoughtfully upgraded and meticulously maintained since 2021, this home is ready for its next chapter.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$6,057
Lot Size29.59 ft x 111.94 ft
mls© NumberN13623592
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,040
Property tax
$505
Heat allowance
$150
Housing costs
$6,694 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $236,000
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$4,966 / mo
Cash down
$236,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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